Ƶ

Deed Of Assignment Of Shares Of Stocks Template for Saudi Arabia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Deed Of Assignment Of Shares Of Stocks

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Deed Of Assignment Of Shares Of Stocks

"I need a Deed of Assignment of Shares of Stocks for transferring 40% shareholding in a Saudi private manufacturing company from three individual shareholders to a single corporate buyer, with completion scheduled for March 2025."

Document background
The Deed Of Assignment Of Shares Of Stocks is a crucial legal instrument used in Saudi Arabia when transferring ownership of shares between parties. This document is essential for documenting share transfers in compliance with Saudi Companies Law 2015 and related regulations. It is commonly used in various scenarios including corporate restructuring, investment transactions, and succession planning. The deed must meet specific formal requirements under Saudi law, including proper attestation and authentication. It contains detailed information about the parties, the shares being transferred, consideration, warranties, and completion mechanics. For listed companies, additional requirements from the Capital Market Authority must be incorporated. The document serves as official evidence of the transfer and is required for updating the company's share register and other official records with Saudi authorities.
Suggested Sections

1. Parties: Identification of the Assignor(s) and Assignee(s) with full legal names and details as required under Saudi law

2. Background: Context of the share ownership and proposed transfer, including details of the Company whose shares are being transferred

3. Definitions: Definitions of key terms used throughout the deed

4. Interpretation: Rules for interpreting the deed, including references to laws, time, currency

5. Assignment: Core provision detailing the transfer of shares from Assignor to Assignee

6. Consideration: Details of the payment or other consideration for the share transfer

7. Completion: Mechanics and timing of the share transfer completion

8. Assignor's Warranties: Warranties regarding ownership, authority to transfer, and status of shares

9. Further Assurance: Obligation to execute further documents and take necessary steps to perfect the transfer

10. Notices: Process for serving notices under the deed

11. Governing Law and Jurisdiction: Confirmation of Saudi law as governing law and jurisdiction for disputes

12. Execution: Formal execution blocks meeting Saudi legal requirements

Optional Sections

1. Conditions Precedent: Include when the transfer is subject to regulatory approvals or other conditions

2. Tax Provisions: Include when specific tax arrangements or obligations need to be addressed

3. Foreign Investment Provisions: Include when either party is a foreign investor requiring compliance with foreign investment laws

4. Share Rights: Include when the shares carry special rights or restrictions that need to be acknowledged

5. Anti-dilution Provisions: Include when protection against future share dilution is required

6. Confidentiality: Include when specific confidentiality obligations are required beyond standard practice

7. Power of Attorney: Include when one party needs authority to execute documents on behalf of the other

Suggested Schedules

1. Share Details: Schedule detailing the number, class, and distinctive numbers of shares being transferred

2. Company Information: Details of the Company whose shares are being transferred, including registration number and address

3. Regulatory Approvals: Copies or details of required regulatory approvals

4. Share Certificates: Copies of relevant share certificates

5. Board Resolutions: Copies of board resolutions approving the transfer

6. Powers of Attorney: If applicable, powers of attorney authorizing the transfer

7. Transfer Forms: Prescribed forms required by Saudi authorities for share transfer

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions














































Clauses



































Relevant Industries

Financial Services

Banking

Investment

Corporate Services

Legal Services

Manufacturing

Real Estate

Technology

Healthcare

Retail

Energy

Transportation

Construction

Professional Services

Mining

Telecommunications

Relevant Teams

Legal

Corporate Governance

Compliance

Finance

Corporate Services

Investment

Due Diligence

Shareholder Relations

Corporate Secretariat

Risk Management

Business Development

Mergers & Acquisitions

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Corporate Lawyer

Legal Counsel

Company Secretary

Board Director

Compliance Officer

Investment Manager

Corporate Governance Officer

Legal Director

Managing Partner

Shareholder Relations Manager

Transaction Manager

Due Diligence Officer

Corporate Services Manager

Financial Controller

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Deed Of Assignment Of Shares Of Stocks

A formal legal instrument under Saudi Arabian law that transfers ownership of shares or stocks from an Assignor to an Assignee, incorporating all necessary legal requirements and formalities.

find out more

Share Transfer Form Private Company

A legal document used in Saudi Arabia for transferring ownership of shares in a private company, complying with Saudi Companies Law and Sharia principles.

find out more

Shareholder Transfer Form

A legally binding document under Saudi Arabian law that facilitates the transfer of company shares between shareholders, ensuring compliance with local regulatory requirements.

find out more

Share Certificate Transfer Form

A Saudi Arabian legal document that records and executes the transfer of share ownership between parties, complying with local corporate law and regulations.

find out more

Stock Transfer Request Form

A Saudi Arabian regulated form for transferring share ownership between parties, complying with local Companies Law and CMA requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.